Newbies entering the crypto space, come quickly and take a look!
Those who have been in the crypto space for a while have developed their own screening experiences, knowing which projects are reliable, which to be cautious of, and which to observe. However, newcomers often find it hard to start. It's not that these veterans are exceptionally skilled, but rather that they have had more experience being scammed. So why do they keep getting scammed? Here are a few summarized points.
1. Complex technology, lack of transparency: Web3 involves complex technologies like blockchain and smart contracts, which ordinary users find difficult to understand. Scammers use technical jargon to deceive, such as fabricating fake blockchain projects to steal money. Although blockchain networks are public, critical information like the real background of projects and the strength of teams is hard for users to verify, allowing scammers to hide the truth and spread false information to mislead investors.